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"Analysts raised their 2011 forecasts for gold more than any other precious metal..."

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Dan Brebner, an analyst at Deutsche Bank in London who is the most accurate forecaster so far this year, told Bloomberg gold prices might reach $1,550. Altogether, analysts raised their 2011 forecasts for gold more than any other precious metal, predicting it will post its 10th consecutive annual advance.

"If the price of a particular share or commodity..."

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Everyone seems to assume that, if the price of a particular share or commodity, such as gold has gone up in the immediate past, that it is going up, whereas all that can be stated with absolute certainty is that it has gone up, or been going up. To be able to state that it is going up would require prescience. You may think it is rather dialectic (argumentative) of us to point this out, but many things which appear obvious are slightly less so if you make the effort to think them through clearly. The point we are making here is more about the clear and logical use of the English language than about the price of gold.

"Deflation is a decrease in the general prices of goods..."

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Deflation is a decrease in the general prices of goods and services due to lower demand, and too much liquidity (cheap money). This could lead to a downward spiral where production of goods slows or stops because of the low prices (making it unprofitable to produce goods), which in turn causes even lower wages and less consumer demand. Look up the definition of a liquidity trap, because that is exactly what we are in right now.

"Buy a fund that simply tracks the price of gold and does not actually..."

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Investing in gold stocks or precious metal funds is the 2nd best way to own gold. If you do not want to store and take delivery of gold yourself, you can buy a physical gold ETF fund which does the buying and storing for you. You do not want to buy a fund that simply tracks the price of gold and does not actually back their price with gold bars in storage. Instead, look for ETFs like CEF or PHYS that actually store what they own.

"Gold is going to continue to rise in 2011 and beyond..."

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Any selloff or dip in the price of gold should be bought. You should consider every drop in the gold price a gift and an opportunity to dollar cost average. Gold is going to continue to rise in 2011 and beyond until the Federal Reserve shows any interest in defending the dollar by raising interest rates.

" you can only pull the wool over the american public`s eyes for so long..."

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So should I stockpile water and buy some potassium iodide pills? I`m not being sarcastic, just asking a serious question. I too have worried that the economy really wasn`t getting any better, despite what the Obama government was telling us. You can only pull the wool over the American public`s eyes for so long, before we see the truth.

"And we deserve whatever is coming our way...."

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To be honest with all of you, there is just no way that a civilization can survive like this. We need a depression, we need it so that we can all be on the same level again. That`s what 2012 is all about, a new change and a new way of thinking for everybody. Our greediness has got us here, and we deserve whatever is coming our way.

"You can protect yourself by buying some gold bullion coins or a physical gold etf...."

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Yes investing in good is a very good investment under current market conditions, with currencies becoming devalued due to the inflationary printing of money. Unless the Federal Reserve starts to raise interest raise to defend the dollar, you can protect yourself by buying some gold bullion coins or a physical gold ETF.

You can`t stockpile water reserves. You need to be able to make it potable as needed. Dehydrate your own food. Go to youtube to learn how to do it. Pick up some free survival manuals and study them and PRACTICE implementing the techniques NOW. You don`t have much time left to do this!

" add to that the fact that the gold price has been manipulated..."

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Gold has historically been a bad investment, but it has come back to life now that the fiat currencies are becoming worthless. Add to that the fact that the gold price has been manipulated, shorted and held back by the elite. It is truly worth about 30,000 per ounce.

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